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O2C Head

Full time at Onward Technologies Limited in India
Posted on August 23, 2024

Job details

Onward Technologies Limited is hiring O2C Head to be a part of our dynamic Finance & Accounts Team, following are the job details and responsibilities. Title: OTC Head Location: Pune, India We are seeking a qualified Charted Accountant with minimum 8 years of experience in O2C process to spearhead and manage end to end O2C process for Onward Technologies. Responsibilities:

  • Responsible for ensuring entire Order to Collection process for the group having multiple entities.
  • Ensuring revenue recognition is in line with Ind AS 115.
  • Ensuring there is no revenue leakage.
  • Responsible for timely and correct reporting of billed / unbilled revenue.
  • Responsible for timely collection from customers, follow up for overdue.
  • Keeping long outstanding billed / unbilled dues in control.
  • Preparation and review of Expected Credit Loss (ECL) Working.
  • Continuous monitoring of DSO.
  • Planning and ensuring transfer pricing compliance for intercompany revenue.
  • Timely reporting of revenue and billed/unbilled receivables to respective departments and follow up for overdue.
  • Preparation / review of periodical schedules for all O2C deliverables.
  • Managing audit expectations and providing timely information.
  • Review of contracts with customers and apprising its financial impact.
  • Perform technical accounting role in terms of analyzing impact of upcoming accounting standards.
  • Review and update SOPs for O2C.
Pre-Requisite:
  • Qualified Charted Accountant with 8+ years of experience across O2C specific processes with minimum 3+ years in a supervisory role
  • Combined Knowledge and experience of technical expertise (ERP system) with business acumen
  • Good understanding of revenue recognition standards (Ind AS/IFRS)
  • Good communication skills.
Regards Daniel 9944079942 daniel_m@onwardgroup.com

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